03 September 2012
New Zealand’s leading insurers would probably have needed financial support from the Government after the Christchurch earthquakes but for the support of their Australian owners, according to…
03 September 2012
Energy company SP AusNet’s Victorian electricity customers could be forced to make up the shortfall in the company’s insurance cover for the Black Saturday bushfires following a determination…
03 September 2012
New Zealand’s insurance industry fell into deficit last year because of Christchurch earthquake claims…
03 September 2012
A continued decline in bond yields and a rise in the number of claims are hardening the market for workers’ compensation insurance, Suncorp says…
03 September 2012
Seismic tremors are abating in Christchurch and the central business district will be open by the middle of next year, NZ Earthquake Recovery Minister Gerry Brownlee says…
03 September 2012
Insurers are getting a jump-start on claims by using mobile technology to begin the process before a claim is lodged, according to geographic information systems specialist Esri Australia…
27 August 2012
The Financial Ombudsman Service is planning for more complex disputes, according to its latest three-year strategic plan…
27 August 2012
More transparency and better relationships with customers are key to improving insurers’ reputations among the public, CGU’s GM Broker and Agent Mark Searles has told an industry conference…
27 August 2012
Home insurance in New Zealand may move to fixed-cover policies instead of full-replacement policies, as reinsurers seek more certainty about their exposure…
27 August 2012
Insurers have paid more than $500 million for flood damage and disruption at coal mines in Queensland’s Bowen Basin owned by BHP Billiton and its partners Mitsubishi and Mitsui…
27 August 2012
Confidence is growing over the recovery of earthquake-hit Christchurch, with the New Zealand Earthquake Commission successfully obtaining reinsurance…
27 August 2012
Premiums for compulsory third party motor insurance must rise for schemes to remain viable at a time when bond yields are falling, Suncorp says…
27 August 2012
Business owners are now more aware of how a natural disaster can affect their operations but the insurance industry can do more to help them prepare, according to panellists at an…
27 August 2012
Nearly half of all car thefts and break-ins occur in the owners’ driveways, garages or streets, an online survey by RACQ Insurance has found…
20 August 2012
The insurance market needs more underwriting discipline to offset the effects of low interest rates, according to Swiss Re Chief Economist Kurt Karl…
20 August 2012
Aon Risk Solutions has made two key appointments as it moves to replace senior managers who have left the company for rival brokerages…
20 August 2012
QBE has reduced the fire services levy applied to Victorian country and metropolitan policies just three months after increasing it by 10 percentage point…
20 August 2012
Ace Insurance will appeal against a Federal Court judgement awarding five former agents holiday pay…
20 August 2012
The Victorian Government must act fast to provide adequate court space for a class action related to the 2009 Black Saturday bushfires, which is likely to be the largest of its type, according to lawyers…
20 August 2012
The considerable gap between customer expectations and what private insurers and government agencies can deliver is a major concern, the head of Vero’s earthquake response has told…